I-195 Redevelopment District Commission Meeting – April 24, 2019

I-195 Redevelopment District Commission Meeting

A regular meeting of the I-195 Redevelopment District Commission will be held at Rhode Island Commerce Corporation, 315 Iron Horse Way, Suite 101, Providence, Rhode Island, on WEDNESDAY, APRIL 24, 2019, beginning at 5:00 P.M.

Agenda

I. Public Session

1. Welcoming remarks by Chairperson Davis.
2. Approval of the minutes of the Commission meeting held on March 27, 2019.
3. Executive Director’s report on Commission activities.
4. Presentation by Pennrose, LLC concerning a proposed development on District Parcel 28.
5. Presentation by Post Road Residential concerning a proposed development on District Parcel 28.
6. Presentation by Tim Love of Utile, Inc. regarding the development proposals on Parcel 28.
7. Presentation by Real Estate Solutions Group regarding its financial analysis of the development proposals on Parcel 28.
8. Public comment on the proposed developments on District Parcel 28.

II. Executive Session (Newport Room)

To consider and act upon such matters as may be considered at a meeting closed to the public pursuant to Rhode Island General Laws, Section 42-46-5 (the Open Meetings Law) and 42- 64.14-6(i) (the I-195 Act), specifically matters relating to the sale of District real estate where the discussion in an open meeting would have a detrimental effect on the negotiating position of the Commission with the other parties to the negotiation.

9. Discussion on the proposed developments on Parcel 28.

III. Public Session

10. Discussion on the proposed developments on Parcel 28.
11. Vote to consider a preferred developer for Parcel 28.
12. Chairperson’s Report/Agenda for next meeting on Wednesday, May 22, 2019 at 5:00 P.M.
13. Vote to Adjourn.

Parcel 28 Presentations

Pennrose – Agenda Item 4

Post Road Residential – Agenda Item 5